u/isgmobile

How do you deal with wealth gaps long term in relationships?

Im mid 50s with a 29yo. We're both working and have good careers. As expected there's a pay and net worth gap but he's financially savy, doing well with his investments and lives within his means. No concern there he's done well for himself.

My concern is how to build a life with him and deal with inheritance when Im gone. I built my net worth before he came along and have kids to pass that on to. On the other hand, if he's my partner to the end, he deserves part of that. This is not something we've ever discussed and I have no concerns he's just with me for that.

We live separately atm. At some point we may move in together at my place. It's a unique property we both enjoy so moving to a new place is not really an option. As a divorced man, I want to protect myself and my kids but also be fair to my partner and recognize his contributions.

I have a will and have been actively dealing with estate planning with my own stuff and my parents so know about the mechanisms available. More interested in details on how couples have split things.

How do other couples deal with this? Do you have formal agreements in place? Would love to hear from others on how they handle this.

Would love to hear both young and old thoughts on this.

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u/isgmobile — 4 days ago

Should I m55 date a 29m?

I've been seeing this guy for a few weeks now and we really connect and get along really well. I've been single for a few years now and have never found a guy like him who checks all my boxes.

The only challenge I have is the age gap and its mostly me feeling guilty for dating a younger guy. I feel I'm wasting his time and worry about getting old on him. He's been in a LT relationship with an older guy my age before and is used to the age gap. He likes older guys.

His age doesn't bother me other than the guilt feelings. He's smart, mature, independent and has a great career. I can see a future with him.

I also have kids a few years younger than him. He's not concerned about that and I not either. It may be awkward for my kids at first but I think they'd be ok with it.

How do I deal with these guilty feelings? Should I even be pursuing this? Any other couples deal with this and make it work? Thoughts and advice appreciated.

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u/isgmobile — 14 days ago